A block deal was reported by Kotak Mahindra Bank on Friday on the National Stock Exchange (NSE). More than 3.40 lakh shares of Kotak Mahindra Bank were picked up by a buyer at Rs 1,576.75 in the morning trade.
The share price of Kotak Mahindra Bank jumped by 0.8 per cent to touch a intra-day high of Rs 1,601. In October Kotak Bank reported that it has witnessed a 51 per cent jump in its net profit on a year on year basis during the September quarter to Rs 1,724 crore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.